Bitcoin ETF Sees $100M Influx Proving Bullish Trend
The U.S. Spot Bitcoin ETF sector is off to a promising start this week, with a positive momentum that appears to be gaining traction. Remarkably, in just the first couple of days, the U.S. Spot Bitcoin ETF has experienced a significant influx of an impressive nearly $170 million. This is a remarkable turnaround, considering the three consecutive days of outflows observed just last week. The surge in investment signals a positive road ahead for the Bitcoin ETF, instilling confidence and demonstrating the growing interest in this digital asset.
Eleanor Ashworth is editor-in-chief at BTCNews. A Cambridge-trained journalist with 18 years across the Financial Times, Reuters and the Telegraph, she joined the crypto beat in 2017 after covering the Bank of England and HM Treasury. She holds the SABEW Best in Business award (2022) and was shortlisted for the British Journalism Awards (2023). At BTCNews she sets the editorial line for Bitcoin and macro markets coverage, with a focus on institutional adoption, regulation and central-bank policy. Based in London.
